The program handles the payments of people who can’t manage their benefits themselves.
The controversial proposal applies to the sale of annuities and life products.
"Clean share" funds have been created as an answer to the DOL rule, but they're not always squeaky clean, Morningstar says.
The embrace of the fiduciary standard by the financial industry is so strong that government and court actions may not matter.
The agency is creating a national database to ferret out barred and suspended advisors and brokers.
The AARP says the tax bill in the Senate could trigger cuts to Medicare and provide no tax relief to many.
Reforms to reduce benefits and raise the retirement age will mitigate the pain, he said.
DOL fiduciary requirements won’t be in force for 18 months, derailing reform, say critics.
TIAA is the focus of a N.Y. State Attorney General investigation and a pending SEC whistleblower complaint.
Forcing investors to sell their oldest shares first would mean forcing the recognition of larger gains at tax time.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
